Jamuna Bank Ltd. Subordinated Bond

UFS arranged subordinated coupon bearing bond of BDT 2,000 Million for Jamuna Bank Limited.

Universal Financial Solutions Limited (UFS) has recently arranged the issue of subordinated coupon bearing bond of BDT 2,000 Million for Jamuna Bank Limited, with the Subscription closed on 08 July, 2015. Jamuna Bank Ltd. has issued their first Subordinated Bond in order to be complied with Basel-II guidelines of Bangladesh Bank, as well as to strengthen their overall capital base. The bond has been subscribed by the country's three prominent banks namely Sonali Bank Ltd., Rupali Bank Ltd. and Mercantile Bank Ltd.